$MERL 2.1x volume into the 2.6% dip looks like absorption, not distribution .I’m bullish here while 0.02881 holds. This looks more like a liquidity grab into demand, so I’m waiting for a sweep + reclaim before entering.

TP1: 0.03155
TP2: 0.03292
TP3: 0.03320
SL: 0.02881

No market-buying the dip. I want confirmation first. If 1H closes below 0.02881, the bullish setup is invalid.

Stay patient and let the reclaim come. 🔥📈